Diggory O'Kane Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12759799 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2022

for

Diggory O'Kane Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

593,398

243,131

CURRENT ASSETS

Debtors

5

164

62

Cash at bank

5,273

3,938

5,437

4,000

CREDITORS

Amounts falling due within one year

6

189,425

80,917

NET CURRENT LIABILITIES

(183,988

)

(76,917

)

TOTAL ASSETS LESS CURRENT LIABILITIES

409,410

166,214

CREDITORS

Amounts falling due after more than one year

7

409,953

169,218

NET LIABILITIES

(543

)

(3,004

)

RESERVES

Retained earnings

(543

)

(3,004

)

(543

)

(3,004

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2023 and were signed on its behalf by:

K H O'Kane - Director

1.	STATUTORY INFORMATION

Diggory O'Kane Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12759799

Registered office:

39 High Street

Eaton Bray

United Kingdom

LU6 2DN

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2021

243,131

Additions

350,267

At 31 July 2022

593,398

NET BOOK VALUE

At 31 July 2022

593,398

At 31 July 2021

243,131

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.22

31.7.21

£

£

Other debtors

164

62

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.22

31.7.21

£

£

Bank loans and overdrafts

15,277

7,032

Trade creditors

(1

)

1

Other creditors

174,149

73,884

189,425

80,917

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.22

31.7.21

£

£

Bank loans

409,953

169,218